Month: August 2020

Federal Reserve: Rates To Stay Low Even If US Inflation Rises

Jerome Powell - chairman of the Federal Reserve who wants to raise US inflation- at a conference

The Federal Reserve upsets everything: rates will remain low even if US inflation exceeds 2%. The Fed must allow Americans to work and it must help those most affected by the pandemic. To do this, it must keep rates very

The Gold Rush Is Not Over, The Largest Banks Say So

August 2020 will go down in history for the financial world. In fact, in the first few days of the month, gold reached its highest price ever even in USD currency, surpassing the record price of $1,921 reached in September

Warren Buffett Buys Gold For The First Time

Warren Buffett sitting in a chair at the Fortune press conference

After gold hit its highest price on record in the past few days, it was another piece of news that stunned everyone. Warren Buffett buys gold for the first time. Buffett, an 89-year-old American investor who became multi-billionaire thanks to